Outside the Box, March 2017

Why Facts Don’t Change Our Minds

March 22, 2017

You and I are both rational beings who let facts drive our thinking, but it seems our fellow humans are not so thoughtful. Or at least that’s what the research says. It turns out that behavioral psychologists have been undermining the bastions of human reasonability for decades, starting with some nefarious characters in the Stanford University psych department back in the ’70s, whose devilishly clever experiments were then taken a frightening step further at that equally suspect institution...

Is Mr. Market Playing the Role of Pavlov’s Dog?

March 15, 2017

David Rosenberg is one of the most respected voices in the investing world. His Breakfast with Dave goes out to thousands of appreciative subscribers nearly every business morning. He has also been the leadoff hitter at my Strategic Investment Conference every year for several years running – and this year will be no exception. He is always one of our top-rated speakers, and his energy gets the conference up and rolling.

To everyone’s surprise, Rosie turned bullish in a big way at SIC six...